Vice President, Business Audit

About this role

Internal Audit’s primary mission is to provide assurance to the Board of Directors and Executive Management that BlackRock’s businesses are well managed and meeting strategic, operational and risk management objectives. The team engages with senior leaders and all of BlackRock’s individual business units globally to understand and advise on the risks in their business, evaluate the effectiveness of key processes and assist in the design of best practices that can improve their results. Internal Audit reports directly to the Audit Committee of the Board of Directors, and our work builds confidence that BlackRock will meet its obligations to clients, shareholders, employees and other stakeholders. 

With teams in the US, Europe, and Asia, the Business Audit Team performs audits covering all BlackRock business units, including investment management, risk management, operations, finance, legal and compliance, and client businesses. 
 

BlackRock's global headquarters at 50 Hudson Yards, NYC, offers state-of-the-art facilities including a cafeteria, amenity spaces, private sky lobbies, and impressive Hudson River views. 50 Hudson Yards offers direct access to the No. 7 Subway station and has entrances on Hudson Park & Boulevard, 10th Avenue, 33rd Street, and 34th Street. It is located two blocks from Penn Station. 

Role Description:

BlackRock Internal Audit is seeking an experienced Vice President in New York City for its Business Audit practice, who will be involved in various aspects of the Audit group’s risk assessment, assurance, and advisory activities, including audit planning and execution, and contributing to strategic initiatives. Areas of the business within the scope of this role will include investment and asset management, risk management, operations, finance, and compliance.

Specific responsibilities include: 

• Project managing and leading the execution of audits (global and regional) in aforementioned areas. Responsibilities include all aspects of the audit process (e.g. risk assessment; scope determination; test work; audit issue and report writing) 
• Relationship management of primary Internal Audit business stakeholders for lines of business, including acting as the primary Internal Audit business engagement liaison for one or more lines of business 
• Providing advisory services during the development of new businesses and systems 
• Assistance in the formation of the annual audit plan through direct input, insight, and perspective around current business, industry, and regulatory risk factors 
• Interact with regulatory examiners upon request 
• People management responsibilities of audit staff, including coaching and feedback 
• Identifying emerging firm-wide and business risks and understanding key changes in strategies and operating model through ongoing engagements with business management 
• Completing annual risk assessments of business areas 
• Leading or contributing to global departmental projects 
• Travel to regional and international locations may be required 
• Performing investigations, special reviews and other ad hoc projects (technical and operational in focus) 

Qualifications 

• Undergraduate or graduate degree 
• 10 years or more of relevant audit experience
• Professionals with strong and broad exposure to investment management, risk management, operations, finance and compliance who are currently working or have worked in the Asset Management industry.
• Financial services experience is preferable; understanding of asset management products, corporate and risk management business processes, and risk and controls systems
• Proficient understanding of current regulatory and industry events 
• Preferred Qualifications: Certified Internal Auditor (CIA) or relevant certification
• Other Professional certifications such as CFA or CPA (or equivalent) are a plus

Skills 

• Audit Issue and Report Writing 
• Developing Others 
• Critical thinking and problem-solving abilities 
• Excellent communication (verbal, written, listening) and interpersonal skills.  
• Ability to develop and maintain effective working relationships with peers and business partners. 
• Intellectual curiosity and healthy scepticism 
• Ability to articulate complex subject matters succinctly. 
• Strong project management and organizational skills 
• Data analysis 

 

For New York, NY Only the salary range for this position is US